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Dec 13, 2012
12/12
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all right, the fiscal cliff and something only congress can do that we have lou dobbs easy with us now. it is actually a good comedy. the nero reference is wrong. all the drama here. is it a shakespearean play? lou: i mean, hands flailing -- many of the sentences that attached to the one that preceded. it is great political theater if you like farce. that is what we are witnessing here. the house speaker today saying that at least at the end of the day, we have some serious problems and that he and the president are separated by the seris problems. as if this were a newsflash for the international news media. we have some problems, and they are going to start on the first of january. it is pretty clear that the president wants to go over the fiscal cliff. speaker boehner, i think, is right to say that your ultimatum. you eat it, it's your deal. we will let it all play out. tracy: deep into the root of all this is political discorin general. but all everyone thinks about is the next vote. speaker boehner thinking about his reelection. no one is thinking about the bigger cause. it is rea
all right, the fiscal cliff and something only congress can do that we have lou dobbs easy with us now. it is actually a good comedy. the nero reference is wrong. all the drama here. is it a shakespearean play? lou: i mean, hands flailing -- many of the sentences that attached to the one that preceded. it is great political theater if you like farce. that is what we are witnessing here. the house speaker today saying that at least at the end of the day, we have some serious problems and that he...
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Dec 13, 2012
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. >> dana: i have something also about the fiscal cliff. something you haven't heard about is rural america is under threat from a major raise in taxes. death and state taxes. throw up the map. senator from wyoming put this out. 526,421 family farms threatened by the new death tax. mostly because assets are tied up in land. you're land rich and cash poor. this hurts a lot of people. >> greg: this plays in the old phrase buying the farm. >> dana: it plays in something i want to tease for friday, which is i am -- i got to buy the farm. get it. think we haven't heard that. >> bob: promote something? >> dana: on friday, tomorrow i'm going to vegas and i'm going to the national rodeo -- the national finals rodeo sponsored by wrangler. i went last year and i got to interview the rodeo queen. the new rodeo queen this year and talk to a few other people and chance to go to the rodeo and see my family. >> eric: that's nice. >> dana: that's it? "that's nice." >> kimberly: it sundays fun. you know how to ride a horse. >> bob: ride a bull. >> dana: we
. >> dana: i have something also about the fiscal cliff. something you haven't heard about is rural america is under threat from a major raise in taxes. death and state taxes. throw up the map. senator from wyoming put this out. 526,421 family farms threatened by the new death tax. mostly because assets are tied up in land. you're land rich and cash poor. this hurts a lot of people. >> greg: this plays in the old phrase buying the farm. >> dana: it plays in something i want to...
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Dec 13, 2012
12/12
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i think we are coming up again at the end of the year, people looking at the fiscal cliff situation and everyday we get something different coming out of washington today, disagreement. tomorrow it could be sounds like talks are progressing. we can see things slip around staying in this broad range across a series of markets and i think he will continue to see that until yo they get some kinf definitive answer and direction out of d.c. we will go from economic standpoint and getting money to work in the most efficient way. liz: good to see you gentlemen, thank you very much. never gets boring around here on fox business lackluster retail sales from the fed announcement yesterday turning on the stick is beginning next month painted the market red leaving me wondering if high investors, the smart money might be changing their investment strategy. we thought we would bring in, millions of dollars, they want to see the money grow. joining us in a fox business exclusive. you seem like a very measured person, that is why you have a lot of wealthy clients because you must do well for them. aft
i think we are coming up again at the end of the year, people looking at the fiscal cliff situation and everyday we get something different coming out of washington today, disagreement. tomorrow it could be sounds like talks are progressing. we can see things slip around staying in this broad range across a series of markets and i think he will continue to see that until yo they get some kinf definitive answer and direction out of d.c. we will go from economic standpoint and getting money to...
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Dec 8, 2012
12/12
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CNNW
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cliff. >> we can't sit here and try to figure out what works for them. >> we look forward to the time when they are specific. >> they need to be more specific. >> they have to be willing to come to the table with specifics. >> we've not had any discussion and specifics with this president about the real problem. >> we need a response from the white house. we can't sit here and negotiate with ourselves. >> i will not play that game. >> further apart than ever. you've heard endless arguing about higher taxes on the rich. let's set that aside and talk about the sequester the budget wonk word for a thing that will touch every american. $1.2 trillion in automatic budget cuts over the next decade, 100 billion next year alone, half in defense and half in non-defense, defense programs cut by 9.4% across the board and non-defense programs 8.2%. agencies are being told to identify the cuts. how will you feel them? fewer food inspections are likely. cdc budget cuts could make it harder to track food bo
cliff. >> we can't sit here and try to figure out what works for them. >> we look forward to the time when they are specific. >> they need to be more specific. >> they have to be willing to come to the table with specifics. >> we've not had any discussion and specifics with this president about the real problem. >> we need a response from the white house. we can't sit here and negotiate with ourselves. >> i will not play that game. >> further...
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Dec 21, 2012
12/12
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cliff. we have to, right? house speaker john boehner just left d.c. but should be returning next week. the president is speaking in moments on the topic. we're taking it live. david: you know who will take that. melissa francis who takes it from us live. melissa: we start tonight with breaking news. it has been a tumultuous day in washington. both sides apparently in a total deadlock in the fiscal cliff negotiations. president obama is expected to make a statement on where things stand at any moment here. and with a preview we have fox businesses peter barnes. he is at the white house. peter what do we expect to hear? >> well, melissa, right now the president is finishing up on meeting with senate democratic leader harry reid who came down here to try to talk with the president with some strategy moving forward to avert the fiscal cliff. we expect the president to say that he still wants to get a deal with republicans to do that. that is still going to be time. however, that they will have t
cliff. we have to, right? house speaker john boehner just left d.c. but should be returning next week. the president is speaking in moments on the topic. we're taking it live. david: you know who will take that. melissa francis who takes it from us live. melissa: we start tonight with breaking news. it has been a tumultuous day in washington. both sides apparently in a total deadlock in the fiscal cliff negotiations. president obama is expected to make a statement on where things stand at any...
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Nov 7, 2012
11/12
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fiscal cliff is a skri sis. debt situation overall is a crisis and creates a environment of a real opportunity to get something done. most big changes, most big changes occur when there is a crisis vomit. secondly the president is free to lead. he doesn't have to worry about offending the base and saying he's for significant entitlement reform. he can lead and come to the middle saying to mitch mcconnell and john boehner, look, i'm for significant entitlement reform and revenues with it. let's go. if he needs and public with a plan, and the republicans torpedo that plan refusing to raise revenue, i think they're going to face political extinction in the next election because americans want the problems taken care of. >> governor? i'm sorry. i have to interrupt you. >> my congratulations to president obama and the first lady and the vice president biden and dr. biden. like many americans, i was hoping that this presidential election would turn out a little differently. mitt romney and paul ryan are good men. they
fiscal cliff is a skri sis. debt situation overall is a crisis and creates a environment of a real opportunity to get something done. most big changes, most big changes occur when there is a crisis vomit. secondly the president is free to lead. he doesn't have to worry about offending the base and saying he's for significant entitlement reform. he can lead and come to the middle saying to mitch mcconnell and john boehner, look, i'm for significant entitlement reform and revenues with it. let's...
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. >> but it hasn't been a very encouraging week for people who think that the fiscal cliff is not something that we want to go over and i think that the president's proposal that was put on the table was something that republicans were not going to accept, even close to accept, so it had the air of bizarre. you know, bargaining. but put a really high price out there so that when you start the negotiating -- >> when will the real negotiating begin? congressman cole? >> i want to thank the president and secretary geithner for reuniting and re-energizing the republican caucus. because that offer -- they must think that john boehner is santa claus, because it was a christmas wish list, it wasn't a real proposal. at the end of the day, do i think we'll arrive at a deal? i do. >> but you heard secretary geithner right there, and i want to get congressman ellison in this as well. they're not going to come forward with anything new right now? >> i don't know -- there's a little bit of chicken going on here in terms of gamesmanship. we'll have a lot of discussion. i don't think we need to put a form
. >> but it hasn't been a very encouraging week for people who think that the fiscal cliff is not something that we want to go over and i think that the president's proposal that was put on the table was something that republicans were not going to accept, even close to accept, so it had the air of bizarre. you know, bargaining. but put a really high price out there so that when you start the negotiating -- >> when will the real negotiating begin? congressman cole? >> i want...
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Dec 27, 2012
12/12
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cliff. that's something that's kicked down the road as they try to deal with the tax numbers. >> sounds like fun. thanks so much, peter and mike. and straight ahead this afternoon, the real cost of continued silence about the fiscal cliff from our leaders in washington. their failure to lead speaks volumes. but what does it really mean for your bottom line? straight talk from "fortune" magazine. that's next. [ male announcer ] it's that time of year again. time for citi price rewind. because your daughter really wants that pink castle thing. and you really don't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and if it finds one, you get refunded the difference. just use your citi card and register your purchase online. have a super sparkly day! ok. [ male announcer ] now all you need is a magic carriage. citi price rewind. start saving at citi.com/pricerewind. citi price rewind. with a new project in mind, some how-to knowledge to give
cliff. that's something that's kicked down the road as they try to deal with the tax numbers. >> sounds like fun. thanks so much, peter and mike. and straight ahead this afternoon, the real cost of continued silence about the fiscal cliff from our leaders in washington. their failure to lead speaks volumes. but what does it really mean for your bottom line? straight talk from "fortune" magazine. that's next. [ male announcer ] it's that time of year again. time for citi price...
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Dec 22, 2012
12/12
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FBC
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cliff. we expect the president to say that he still wants to get a deal with republicans to do that. that is still going to be time. however, that they will have to do it after the christmass3 holiday. the president plans, is planning to go to hawaii for christmas with his family. speaker boehner has left town. gone back to ohio. for the holiday. the senate is expected to come back on, on december 27th, the thursday next week, which is the earlit that they would be expected to get back to work on this. melissa? melissa: peter, who's left? sounds like it is a ghost town there. sounds basically two guys that are still left working. >> yeah, i don't know if they will be here very much longer. but listen, realistically, it's the holiday season. a lot of members, the presidt, they all made plans, and after last night with speaker boehner, pulling his pl b, it doesn't look like, there are no signs of anyegotiations or any plans for any negotiations. it looks like everyone just wants to go, be with
cliff. we expect the president to say that he still wants to get a deal with republicans to do that. that is still going to be time. however, that they will have to do it after the christmass3 holiday. the president plans, is planning to go to hawaii for christmas with his family. speaker boehner has left town. gone back to ohio. for the holiday. the senate is expected to come back on, on december 27th, the thursday next week, which is the earlit that they would be expected to get back to work...
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Dec 27, 2012
12/12
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read the headlines and they say the president is giving up his vacation to negotiate a fiscal cliff deal but is something he said before leaving for hawaii leaving room for negotiations? what are we talking about? set it up. >> the president is heading back to washington to attempt a last ditch effort with speaker boehner to forge compromise to avert the fiscal cliff which will kick in in about six days if nothing'ss done. those are the headlines. everyone talking about cutting his vacation short. the question is there anything that can be done? they were at an impasse before christmas, the republicans and house imploded and it's a tight spot. i suspect if there's a deal,t will be unpalatable for everyone. >> there was a interchange before the talks broke wn. we have the quotes. john boehner said to obama, quote, iut $800 billio i tax revenue on the table. what do i get for that? allegedly we understand president obama came back to him and said, you get nothing. i get that for free. you get nothing. >> there were a couple eye-opening quotes. a "wall reet journal" story before christmas t
read the headlines and they say the president is giving up his vacation to negotiate a fiscal cliff deal but is something he said before leaving for hawaii leaving room for negotiations? what are we talking about? set it up. >> the president is heading back to washington to attempt a last ditch effort with speaker boehner to forge compromise to avert the fiscal cliff which will kick in in about six days if nothing'ss done. those are the headlines. everyone talking about cutting his...
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Dec 26, 2012
12/12
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read the headlines and they say the president is giving up his vacation to negotiate a fiscal cliff deal but is something he said before leaving for hawaii leaving room for negotiations? what are we talking about? set it up. >> the president is heading back to washington to attempt a last ditch effort with speaker boehner to forge compromise to avert the fiscal cliff which will kick in in about six days if nothing's done. those are the headlines. everyone talking about cutting his vacation short. the question is there anything that can be done? they were at an impasse before christmas, the republicans and house imploded and it's a tight spot. i suspect if there's a deal, it will be unpalatable for everyone. >> there was a interchange before the talks broke down. we have the quotes. john boehner said to obama, quote, i put $800 billion in tax revenue on the table. what do i get for that? allegedly we understand president obama came back to him and said, you get nothing. i get that for free. you get nothing. >> there were a couple eye-opening quotes. a "wall street journal" story before ch
read the headlines and they say the president is giving up his vacation to negotiate a fiscal cliff deal but is something he said before leaving for hawaii leaving room for negotiations? what are we talking about? set it up. >> the president is heading back to washington to attempt a last ditch effort with speaker boehner to forge compromise to avert the fiscal cliff which will kick in in about six days if nothing's done. those are the headlines. everyone talking about cutting his...
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Dec 13, 2012
12/12
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the fiscal cliff comments appear to be the new greek rumor comments. every time something comes out, much like rumors out of greece. >> you guys hopeful on the floor that we get a deal sometime soon? >> you may not get a finalized deal but you'll get something done before the year end which will give us confidence to keep the market stabilized. >> members of the house tomorrow go home tomorrow for christmas. can you get a deal if they are home? >> i think you can. i think it's a little more di
the fiscal cliff comments appear to be the new greek rumor comments. every time something comes out, much like rumors out of greece. >> you guys hopeful on the floor that we get a deal sometime soon? >> you may not get a finalized deal but you'll get something done before the year end which will give us confidence to keep the market stabilized. >> members of the house tomorrow go home tomorrow for christmas. can you get a deal if they are home? >> i think you can. i...
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Dec 26, 2012
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cliff, doctors who serve medicare patients will see their payments go down something like 27%. i mean, this is one of those crazy time bombs that's in the tax code. that's patched every year. same thing with the amt. as i just mentioned, while the other tax measures, taxpayers won't see them until they fill out the 2013 tax bill in april of 2014, the amt patch will hit much more quickly than that. that's something needing to be patched as of early -- if we go over, needs to be patched quickly. >> let's talk about that word, sequestration and there's a lot of concern about the defense cuts and the defense department, how to deal with it. leon panetta toning down the remarks saying that they would not necessarily require immediate action and could eventually mean furloughs down the road and looking at january and the cuts divided by ten years and 12 months, talking 50 billion, 60 billion in january. >> right. it's 110 billion for the year of 2013 in automatic spending cuts divided equally between defense and nondefense. on the nonentitlement or discretionary side of budget. if yo
cliff, doctors who serve medicare patients will see their payments go down something like 27%. i mean, this is one of those crazy time bombs that's in the tax code. that's patched every year. same thing with the amt. as i just mentioned, while the other tax measures, taxpayers won't see them until they fill out the 2013 tax bill in april of 2014, the amt patch will hit much more quickly than that. that's something needing to be patched as of early -- if we go over, needs to be patched quickly....
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Dec 11, 2012
12/12
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>> the whole country is truly concerned about the fiscal cliff, that is obvious. everybody is sitting back and waiting to see if washington can actually get something done. if political agendas can get it aside and think about the devastation that probably occurred with the fiscal cliff. the spring selling season begins in late january. we have been the bright spot in the economy. our industry are creating jobs, we're coming back in the early stages of a recovery so the fiscal cliff january 1 would have a huge impact on the country, and impact on our business, and we have our fingers crossed and are very hopeful washington can get something done and we'll have to see. but if they don't, there is no question there will be a little bit of time until things settle down when the buyers will hit the sidelines. liz: will it derail the tentative recovery here? >> right now we are three weeks away from this fiscal cliff date and we're still selling houses. i don't think it derails it, but there could be a pause until things get worked out. liz: part of it is being discuss
>> the whole country is truly concerned about the fiscal cliff, that is obvious. everybody is sitting back and waiting to see if washington can actually get something done. if political agendas can get it aside and think about the devastation that probably occurred with the fiscal cliff. the spring selling season begins in late january. we have been the bright spot in the economy. our industry are creating jobs, we're coming back in the early stages of a recovery so the fiscal cliff...
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Dec 20, 2012
12/12
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so, is the fiscal cliff even something that can stop this, what seems like a great tail wind? >> well, i think, again, let's look at the fiscal cliff from two perspectives. if you stayed over that cliff, got help us. that's a big enough drag. however, we get a deal from washington, doesn't have to be a big frame work deal, we will have growth next year and we will have a lot of the good things you're talking about in housing, i think the corporate sector is going to pick up, as well. but again, you are giving the housing sector a drag of huge size in the beginning of the year. that's not going to allow us to grow at a 3% pace. >> can i ask you about that, that payroll tax? that is the $128 billion, over the course of the year, right? >> no, it's not over the course of the year. it hits payrolls on the first paycheck in january. you get a rise in taxes that over the course of the year is 1% of income, but in the first quarter annualized is over 4% of income. if you are thinking about gdp, we have a very big drag that's hitting us earlier in the year. it can be absorbed over a p
so, is the fiscal cliff even something that can stop this, what seems like a great tail wind? >> well, i think, again, let's look at the fiscal cliff from two perspectives. if you stayed over that cliff, got help us. that's a big enough drag. however, we get a deal from washington, doesn't have to be a big frame work deal, we will have growth next year and we will have a lot of the good things you're talking about in housing, i think the corporate sector is going to pick up, as well. but...
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Dec 24, 2012
12/12
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but still concerns now from washington about washington, about the fiscal cliff, traders of course don't think anything is getting settled today. they are even talking about the fact that it might get pushed back to the middle of january or something. a lot of speculation and guessing going on, but in the meantime, a little bit of pullback here. let's take a look at facebook. facebook on the other hand a different story. getting a buy rating over at needham and companies, up 2 1/2%. the price target is $33, up from $25. getting close to the $38 ipo price. they obviously have high hopes for the mobile realm for facebook and that's why they raised their targets and has a buy rating. back to you. dagen: thank you, nicole. dennis: where are the shoppers? after a strong start, forecast called for robust holiday season. dagen: but shoppers are not living up to those expectations. adam shapiro is here to explain what the heck is going on. adam: where they go. dagen: it's empty. adam: you should be done with your shopping by now. the national retail federation has not changed their prediction, t
but still concerns now from washington about washington, about the fiscal cliff, traders of course don't think anything is getting settled today. they are even talking about the fact that it might get pushed back to the middle of january or something. a lot of speculation and guessing going on, but in the meantime, a little bit of pullback here. let's take a look at facebook. facebook on the other hand a different story. getting a buy rating over at needham and companies, up 2 1/2%. the price...
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cliff. dave: an exciting our coming up. we will tell you what drove the markets today with today's data download. of next week on wall street following better than expected november jobs report. the dow and s&p ending prior to eke out weekly gains, the nasdaq closed in the red ending down 1% a lot of that because of what happened to apple. financial and industrial for this week's top performing sectors while materials and technology lad a bit. the u.s. economy added 146,000 jobs in november as the unemployment rate dropped to four year low of 7.7%. today's report may not be as strong as it seemed, reporting employers added 49,000 fewer jobs in september and october than initially estimated. a preliminary reading showing consumer confidence plunging to its lowest level in four months. early december americans prepare for a potentially higher taxes at the beginning of next year. the index dropping 74.5 this month, far below november's reading of 82.7 and economists forecasts of 82.4. >> in the
cliff. dave: an exciting our coming up. we will tell you what drove the markets today with today's data download. of next week on wall street following better than expected november jobs report. the dow and s&p ending prior to eke out weekly gains, the nasdaq closed in the red ending down 1% a lot of that because of what happened to apple. financial and industrial for this week's top performing sectors while materials and technology lad a bit. the u.s. economy added 146,000 jobs in november...
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Dec 25, 2012
12/12
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they areon the ones who have to steer us away from the fiscal cliff. joining us tonight, governor jo jo mike [beep] [indistinct chatter] [kids talking at once] [speaking foreign language [heart beating] [heartbeat continues] [faint singing] [heartbeat, music playing louder] ♪ i'm feeling better since you know me ♪ ♪ i was a lonely soul, but that's the old me... ♪ announcer: this song was created with heartbeats of children in need. find out how it cahelp frontline health workers bring hope to millions of children at everybeatmatters.org. lou: burst onto your reaction to the fact that the guy is supposed to be the smartest guy in the military. it turns out to be a mess.dd to the ot a good week for spies. it turns to be something out of mad magazine. when you add to general allen tr and the ever expanding scandal,e it is tragic.. it is tragic for the families,lo it is tragic all of the peoplert who served with him. america..ic for lou: mccarthy in our various institutions, since there are no consequences. ,itting in an aircraft lou: it seems like
they areon the ones who have to steer us away from the fiscal cliff. joining us tonight, governor jo jo mike [beep] [indistinct chatter] [kids talking at once] [speaking foreign language [heart beating] [heartbeat continues] [faint singing] [heartbeat, music playing louder] ♪ i'm feeling better since you know me ♪ ♪ i was a lonely soul, but that's the old me... ♪ announcer: this song was created with heartbeats of children in need. find out how it cahelp frontline health workers bring...
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Dec 12, 2012
12/12
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CSPAN
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. >> something on all of our minds is the fiscal cliff. i would be remiss if i did not ask you both to weigh in on it in the following way. first, what is going on that we do not understand? number two, what should happen? number 3, what is the rsc going to do to help us get to that sector state, and what should happen? either of you want to chime in on that? >> first of all, if you look at where we are right now, and because of a number of reasons, a few of them going back to the last debt ceiling bill -- i did not vote for the budget control act, and because it did not address the real problem, and that is spending. if you look at the debate, it is mostly a debate about how much in taxes to raise, and the president keeps moving the goal post. he keeps adding more to it. he has an insatiable appetite to spend money and attack other people for it. we are not talking about addressing the real problem. i do not think anybody's taxes should go up. barack obama said three years ago, if you raise taxes in a bad economy, it will make things wors
. >> something on all of our minds is the fiscal cliff. i would be remiss if i did not ask you both to weigh in on it in the following way. first, what is going on that we do not understand? number two, what should happen? number 3, what is the rsc going to do to help us get to that sector state, and what should happen? either of you want to chime in on that? >> first of all, if you look at where we are right now, and because of a number of reasons, a few of them going back to the...
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Nov 28, 2012
11/12
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FOXNEWSW
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something tells me again i think we'll have another fiscal cliff panel soon. next up, harry reid and the nuclear option. [ male announcer ] when was the last time something made your jaw drop? campbell's has 24 new soups that will make it drop over, and over again. ♪ from jammin' jerk chicken, to creamy gouda bisque. see what's new from campbell's. it's amazing what soup can do. >>> filibuster is far from a procedural gimmick. it's part of the fabric of this institution we call the senate. it was well-known in colonial legislature before we became a country. and it's an entry federal part of our -- entr intri gal part of our history. >> it's a fundamental power grab by the majority party. >> checks and balances that americans prize are at stake. i will do everything i can to prevent the nuclear option from being invokeed. not for sake of myself or my party. but for the sake of this great republic and its traditions. >> everyone in this chamber knows if the majority chooses to end the filibuster, if they choose to change the rules and put an end to democratic
something tells me again i think we'll have another fiscal cliff panel soon. next up, harry reid and the nuclear option. [ male announcer ] when was the last time something made your jaw drop? campbell's has 24 new soups that will make it drop over, and over again. ♪ from jammin' jerk chicken, to creamy gouda bisque. see what's new from campbell's. it's amazing what soup can do. >>> filibuster is far from a procedural gimmick. it's part of the fabric of this institution we call the...
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Dec 12, 2012
12/12
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the fiscal cliff. oh my goodness, the fiscal cliff is now just -- wow, 20 days away. so what are we going to do? some have suggested that we really have to deal with entitlements. and i'm here to agree that we can and we should deal with entitlements. certainly two of those issues, which i really don't think we ought to call entitlements but are fundamental programs here in america for americans, should be dealt with. one that some people want to put on the table really doesn't deal with the deficit at all, and that's social security. so before we even get into this discussion tonight, let's just understand or anybody that cares to take on this issue that in dealing with the fiscal cliff, social security is not the problem. the deficit is not caused by social security. social security has never been and in its present form, will not be part of the deficit issue. it's separate and apart. it is a special program. has its own source of revenue. has its own trust fund and isn't running the deficit at all a
the fiscal cliff. oh my goodness, the fiscal cliff is now just -- wow, 20 days away. so what are we going to do? some have suggested that we really have to deal with entitlements. and i'm here to agree that we can and we should deal with entitlements. certainly two of those issues, which i really don't think we ought to call entitlements but are fundamental programs here in america for americans, should be dealt with. one that some people want to put on the table really doesn't deal with the...
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Dec 19, 2012
12/12
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we are on a fiscal cliff. yes, we have to do something. we need some losses, that is the way negotiations go and we don't have a great hand to play. the presidendoesn't have a full han to play we have to have some given some take. gerri: you keep describing them as tax cs, that is not how most experience i they will have no changes how they will experience it so i'm not sure the american people will see this as a great tax cutting gift at christmas. >> it is the bush-era tax cuts which cause caused the economy to pick up, it increased it in a way that wall wanted to. creating jobs in the vibrant economy. now we're in a doldrums and it is continuincontinuin g the bush tax cuts exactly what we need right now. gerri: anything to be concerned about in ter of the details? the issue is not just the fiscal cliff but also the alternative minimum tax. there is the estate tax. >> the alternative minimum tax is very important because it will kick in in the lower 30,000. and we have got to fix that. estate tax, affecting small business and farmers, i
we are on a fiscal cliff. yes, we have to do something. we need some losses, that is the way negotiations go and we don't have a great hand to play. the presidendoesn't have a full han to play we have to have some given some take. gerri: you keep describing them as tax cs, that is not how most experience i they will have no changes how they will experience it so i'm not sure the american people will see this as a great tax cutting gift at christmas. >> it is the bush-era tax cuts which...
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Dec 3, 2012
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if we go over the fiscal cliff that is $5 trillion in new revenue to come in. the president doesn't want to do that but wants 1.6. is lower amount of re-knew than embedded in simpson. the president has cuts going forward. time to begin the confirmation. the president cuts are different. for example, the president does medicare reform and he doesn't pass it along to seniors. he reduces payment to drug companies. got something on paper. >> bret: consumer price index off the table? >> this is part of the social security reform. social security is owed. $2.5 trillion. from the general fund in terms of the bonds. our view is strengthen social security on its own terms. 100 100% solvent until 2033. after that if you do nothing, pays 75 cents on the dollar. >> bret: are democrats willing to do specific things on entitlements now? this side of the cliff. let's just say that rates are going to go up on some level. republicans get to that point. million dollar cap going up. $500,000 and above. the rates will go up. you get it out of them. will entitlement be changed on t
if we go over the fiscal cliff that is $5 trillion in new revenue to come in. the president doesn't want to do that but wants 1.6. is lower amount of re-knew than embedded in simpson. the president has cuts going forward. time to begin the confirmation. the president cuts are different. for example, the president does medicare reform and he doesn't pass it along to seniors. he reduces payment to drug companies. got something on paper. >> bret: consumer price index off the table? >>...
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Dec 12, 2012
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>> the fiscal cliff is something he will talk about, say they have to solve this. he's talked before about the upside and said twice already the federal reserve cannot off-set the effects of the fiscal cliff. the fed could -- one idea -- the fed could keep a little bit of powder dry if we do go off the cliff, the fed has something it could do. >> mike duke last night the ceo of walmart spoke and he sa said -- they poll their shoppers all the time. a week before the election, 25% of walmart customers knew about the fiscal cliff. one week after the election, 75% of their shoppers know about the fiscal cliff and 15% say it means they will spend less on christmas. it's pre-telling, right? >> apparently the walmart shopper is more informed than the average american. we showed 70%. that's out there. it's something that affects people. it was clear in the data there was an effect of the fiscal cliff on overall economic attitudes. the more important thing we found is that it affects businesses and businesses slow down in capital spending. you're an economic student and you
>> the fiscal cliff is something he will talk about, say they have to solve this. he's talked before about the upside and said twice already the federal reserve cannot off-set the effects of the fiscal cliff. the fed could -- one idea -- the fed could keep a little bit of powder dry if we do go off the cliff, the fed has something it could do. >> mike duke last night the ceo of walmart spoke and he sa said -- they poll their shoppers all the time. a week before the election, 25% of...
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Dec 1, 2012
12/12
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but also, just like with the fiscal cliff. is there something going on away from the cameras that's not going on in front of the cameras? are there conversations being held? are there, oh, come on, we know what we're going to do. is that happening on any level that we can tell? >> i think on the fiscal cliff, the president and john boehner spoke of the weekend. i think it was the second consecutive weekend when they spoke. 28-minute conversation, variously described as curt or short. people already suspect that boehner's strong reaction against the proposal that was sent up today was something they planned together, because now boehner can say this crazy, outrageous proposal, and i don't think so. i'm very pessimistic about a resolution. i might be one of the only ones. >> i am, too. given everything that we've covered over the last couple of years, you saw what happened with the debt ceiling, for example. i mean, there was, in the lame-duck session after the 2010 midterms, there was sort of a productive lame-duck session. but
but also, just like with the fiscal cliff. is there something going on away from the cameras that's not going on in front of the cameras? are there conversations being held? are there, oh, come on, we know what we're going to do. is that happening on any level that we can tell? >> i think on the fiscal cliff, the president and john boehner spoke of the weekend. i think it was the second consecutive weekend when they spoke. 28-minute conversation, variously described as curt or short....
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Dec 27, 2012
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cliff is not the fiscal cliff. it should be really called returning to the clinton era tax rates, which isn't that the democrats dream to return to the clinton era tax rates? >> no. that was 39%. i don't think that's a big deal and not comparable to what the rates were under reagan or going back to even clinton. clinton was 39%. >> that's where we are going, 39%. >> what about this? every time bainner and obama gets close to a deal, obama moves the goalpost back. >> because he's playing hardball. he's going, republicans, i don't care about that, i get that for free. he's kind of the guy that came to play and staunch for his side. >> the american people, when you look at the policy, they think it's president obama who is willing to compromise. >> because he's able to fit it in. because he hasn't conceded anything. >> and who are the obstructionists? who is afraid to move? it's my ideology, i can't negotiate. and even if we go off the cliff we endanger the whole economy. >> again, the idea of add hearing to a princip
cliff is not the fiscal cliff. it should be really called returning to the clinton era tax rates, which isn't that the democrats dream to return to the clinton era tax rates? >> no. that was 39%. i don't think that's a big deal and not comparable to what the rates were under reagan or going back to even clinton. clinton was 39%. >> that's where we are going, 39%. >> what about this? every time bainner and obama gets close to a deal, obama moves the goalpost back. >>...
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Dec 12, 2012
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. >> to show you how seriously we are, up next, the fiscal cliff. it could last forever apparently. the scary prediction is next in the guest spot. [ male announcer ] when was the last time something made your jaw drop? campbell's has 24 new soups that will make it drop over, and over again. ♪ from jammin' jerk chicken, to creamy gouda bisque. see what's new from campbell's. it's amazing what soup can do. woman: what do you mean, homeowners insurance doesn't cover floods? [ heart rate increases ] man: a few inches of water caused all this? [ heart rate increases ] woman #2: but i don't even live near the water. what you don't know about flood insurance may shock you -- including the fact that a preferred risk policy starts as low as $129 a year. for an agent, call the number that appears on your screen. hi, i'm ensure clear... clear, huh? i'm not juice or fancy water. i've got nine grams of protein. that's three times more than me! [ female announcer ] ensure clear. nine grams protein. zero fat. in blueberry/pomegranate and peach. >> every day we are closer to the fiscal cliff. >>
. >> to show you how seriously we are, up next, the fiscal cliff. it could last forever apparently. the scary prediction is next in the guest spot. [ male announcer ] when was the last time something made your jaw drop? campbell's has 24 new soups that will make it drop over, and over again. ♪ from jammin' jerk chicken, to creamy gouda bisque. see what's new from campbell's. it's amazing what soup can do. woman: what do you mean, homeowners insurance doesn't cover floods? [ heart rate...
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Nov 28, 2012
11/12
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with the economy because of the fiscal cliff we will adjust the production either way. >> that is the fiesta that has how many cylinders? >> it has a three cylinder, one liter engine that gets 123 horsepower and puts a smile on your face. >> is that enough cylinders? >> absolutely. it is interesting because in the past people use to define their cars by how big the displacement was in the engine and how many cylinders they have. to date is few economy and performance. >> you also have a souped up fiesta as well and in fairness, the sales have been disappointing. >> they are going according to plan. we now have the focus as well and last year only had the fiesta. >> work, competition yourself. >> we are growing our small plan business. >> we looking at the new transit connect than. i don't know what you would call was that this is for people, not industry. >> exactly. you can't categorize this vehicle. we have a really stylish alternative to a conventional minivan or people mover. we offered this in five and seven passenger seats, a lot of comfort but look at this design. >> how many m
with the economy because of the fiscal cliff we will adjust the production either way. >> that is the fiesta that has how many cylinders? >> it has a three cylinder, one liter engine that gets 123 horsepower and puts a smile on your face. >> is that enough cylinders? >> absolutely. it is interesting because in the past people use to define their cars by how big the displacement was in the engine and how many cylinders they have. to date is few economy and performance....
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Dec 4, 2012
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don the fiscal cliff? caller: would like to add something on the matter of taxes. it has been recommended, some years ago by a wall street banker, to have a 1% wealth tax from capital accumulation. someone that house $100,000 would pay $1 and dollars. a flat tax with everyone in. -- would pay $1,000. the good raise a tremendous amount of money even if the income tax rates went down. and this wondering if anyone would be in favor of such a tax. it would be a flat tax. as far as social security is concerned, i do not hear anything about the amount being raised. i think it is $110 and they could easily raise that and raise money there. -- i think it is $110,000. everyone under the wealth accumulation tax would pay that during their lifetime. i just wanted to throw that out as a possibility. host: and other baubles from the york. -- another bob. caller: and is wondering why the rich cannot pay their fair share. i live in upstate new york. the toll is at $10 and because i do not have some kind of sticker on my window, i had to pay a $2 port tax, some ayatollahs told the
don the fiscal cliff? caller: would like to add something on the matter of taxes. it has been recommended, some years ago by a wall street banker, to have a 1% wealth tax from capital accumulation. someone that house $100,000 would pay $1 and dollars. a flat tax with everyone in. -- would pay $1,000. the good raise a tremendous amount of money even if the income tax rates went down. and this wondering if anyone would be in favor of such a tax. it would be a flat tax. as far as social security...
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Nov 11, 2012
11/12
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cliff, the bush tax cuts, and a whole host of other issues on the table. not just this interim, but most especially after words when we need to get the nation's business done. host: they lose and immediately the course begins. republicans must change or die. romney spoke at conservatism as if it were a second language. he was more ford 1976 than ronald reagan 1980. guest: i think a lot of what was said there was true. he spoke more like ford and reagan? you picked him. again, we knew that going in. he was a governor with a record. we all understood where he was coming from a long before the tail end of this campaign. the second-guessing for me is just baggage that we don't need right now because it really does not advance anything. it is just analysis everyone knew going in. you did not know that he was a northeastern republican? this whole idea of modern versus conservative, again, you start picking up the edges like this and were still avoiding the fact that he's a republican with thousands of the views. that's where i think charles is bright. conservati
cliff, the bush tax cuts, and a whole host of other issues on the table. not just this interim, but most especially after words when we need to get the nation's business done. host: they lose and immediately the course begins. republicans must change or die. romney spoke at conservatism as if it were a second language. he was more ford 1976 than ronald reagan 1980. guest: i think a lot of what was said there was true. he spoke more like ford and reagan? you picked him. again, we knew that going...
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Dec 11, 2012
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congress needs something to get something on paper. no news might be good news, if you want a deal as both sides work behind the scenes to find a way to avoid the so-called fiscal cliff. >>> it's a family affair. the macks are here. they're both leaving congress next year, not on their own terms but not before trying to figure out our fiscal future and even they don't agree on what to do. >>> plus, a major fight over the role of labor and their power. it all unfolds in michigan. is it the new wisconsin? find out what is driving the big change in the state. that's home to one of the most powerful unions out there. the united auto workers. good morning from washington, tuesday, december 11th, 2012. i'm chuck todd. one of those times in washington when the less that is said the better the news may be, that is if you hope lawmakers and the president come to an agreement on a verdict in this so-called fiscal cliff. we know some of you don't want to deal, but the president has no public events today and not many planned for this week. many a
congress needs something to get something on paper. no news might be good news, if you want a deal as both sides work behind the scenes to find a way to avoid the so-called fiscal cliff. >>> it's a family affair. the macks are here. they're both leaving congress next year, not on their own terms but not before trying to figure out our fiscal future and even they don't agree on what to do. >>> plus, a major fight over the role of labor and their power. it all unfolds in...
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Nov 29, 2012
11/12
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fiscal cliff and your company, something we need to worry about? less than other companies? >> we're in a great asset class. it's defensive. we've talked about some of the benefits. we as a company have a great balance sheet. we're seeing our leasing better in the last three months than in the last eight years. i thif you've heard that, stabilization of rates, so i think from our particular business standpoint, we would love to see the fiscal cliff solved, we would love to see fundamentals come back to sense, but our affordable care act, i don't see that as a big impact at all. >> simple, good clean story with good distribution, nice yield. scott peters, chairman and president of health care trust of america. they are not involved with the crazies in of america other than maybe they can profit from it. [ male announcer ] if you suffer from heartburn 2 or more days a week, why use temporary treatments when you can prevent the acid that's causing it with prevacid24hr. with one pill prevacid24hr works at the source to prevent the acid that causes frequent heartburn all day and
fiscal cliff and your company, something we need to worry about? less than other companies? >> we're in a great asset class. it's defensive. we've talked about some of the benefits. we as a company have a great balance sheet. we're seeing our leasing better in the last three months than in the last eight years. i thif you've heard that, stabilization of rates, so i think from our particular business standpoint, we would love to see the fiscal cliff solved, we would love to see...
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Nov 16, 2012
11/12
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>> well, my ideal grand bargain would be something that prevented going over the fiscal cliff, and it was nice to hear pleasant sounds in that regard today. you know, i was there when it wasn't enough to negotiate with john boehner because he couldn't bring his troops along. i'm not convinced he can bring a deal that includes new revenue back to the table. so i guess what i'd like to start seeing is more sounds from folks who have traditionally not been with their leader on the republican side making the same kinds of compromising noises from the leadership. >> peter, first off, i have to say at the risk of jinxing myself on the whole show, you're playing nicely together today. it's going nicely. >> it's a new era. >> we'll see. peter, i believe that a deal will be reached at some point in some way. if no deal is reached, what is the impact on the average person? >> that would be devastating, because their taxes would go up and the economy would tank at the same time. you simply can't withdraw $500 billion worth of spending from the u.s. economy by raising taxes and cutting government
>> well, my ideal grand bargain would be something that prevented going over the fiscal cliff, and it was nice to hear pleasant sounds in that regard today. you know, i was there when it wasn't enough to negotiate with john boehner because he couldn't bring his troops along. i'm not convinced he can bring a deal that includes new revenue back to the table. so i guess what i'd like to start seeing is more sounds from folks who have traditionally not been with their leader on the republican...
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Dec 14, 2012
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fiscal cliff? can't we call it something else? >> dana: sure. >> eric: monetary -- >> greg: liberal fantasy. >> bob: one more thing on the table. can obama sell cuts in entitlements to his senate? >> dana: not acarding to harry reid. >> eric: leave it there. we'll stay on it. don't go away. more on developing news washington, including ambassador susan rice. we'll get on that when we come back. ♪ ♪ ♪ ♪ >> greg: got to love the who. >> dana: who? >> greg: who? get back to susan rice in a minute but they have the lie of the year, coverup benghazi to win an election by obama. no, kidding. the left wing hacks claim the biggest lie was milt's claim that -- mitt's claim that jeep was moving its production to china causing a flood of negative press directed at mitt. of course it did. only the american media could see this little flubb as worse than the bungled aftermath following the death of four americans in benghazi. forget the other liberal lies that paul ryan pushes grannies off the cliff, remember that? or mitt murdered a g
fiscal cliff? can't we call it something else? >> dana: sure. >> eric: monetary -- >> greg: liberal fantasy. >> bob: one more thing on the table. can obama sell cuts in entitlements to his senate? >> dana: not acarding to harry reid. >> eric: leave it there. we'll stay on it. don't go away. more on developing news washington, including ambassador susan rice. we'll get on that when we come back. ♪ ♪ ♪ ♪ >> greg: got to love the who. >>...
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Nov 29, 2012
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so finishing somehow, doing something about the fiscal cliff would be a good thing to remember the rest of their lives but at the same time you have tie peal to their selfish interests, making them feel special, giving them what they need, putting them on plush assignments. churchill said democracy is the worst form of othgovernment, ext all the others that have been tried. >> it was interesting to me, thaddeus stevens, radicalist reconstructionist republican, so by the end of the thing he takes lincoln's advice and he pulls back a wee bit, that shocks everybody and that gives the amendment people, the 13th amendment supporters a lot of good ammunition. so you do sometimes, doris, have to pull back a little bit. you're not giving up all your principles. you're just kind of, heaven forbid, being political. >> heaven forbid, you're right. that is exactly right. thaddeus stevens believes having blacks vote, even perhaps intermarry, having all the privileges of life which republicans weren't ready for. the conservatives would have said we're not voting for this thing but he was willing to m
so finishing somehow, doing something about the fiscal cliff would be a good thing to remember the rest of their lives but at the same time you have tie peal to their selfish interests, making them feel special, giving them what they need, putting them on plush assignments. churchill said democracy is the worst form of othgovernment, ext all the others that have been tried. >> it was interesting to me, thaddeus stevens, radicalist reconstructionist republican, so by the end of the thing...
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Dec 27, 2012
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face calf cliff is not the fiscal cliff. it should be called returning to the clinton era tax rate. isn't that the democrats' dream? return to clinton era tax rates? >> juan: that was 39%. that is not a big deal. not comparable to rates under reagan or going back to clinton. clinton was 39%. >> eric: that is where we are going. what about this. every time boehner an obama get close to a deal, president obama moves the goalpost back. >> kimberly: he is playing hard ball. this is the problem. he is going hmm to you, republicans. i don't care about that. that is nothing. i get that for free. he is the guy changing the play for his side. what about the right? >> juan: the american people. look at the poll, they think president obama is willing to compromise. >> andrea: which is ironic. [ overtalk ] >> juan: who are the obstructionists? it's my ideology, i can't negotiate. even if we go off the cliff, endanger the whole economy. >> greg: here is thing. the idea of adhering to a principle in this world is seen as extremism, trying to limit government and cutting taxes. what obama is able
face calf cliff is not the fiscal cliff. it should be called returning to the clinton era tax rate. isn't that the democrats' dream? return to clinton era tax rates? >> juan: that was 39%. that is not a big deal. not comparable to rates under reagan or going back to clinton. clinton was 39%. >> eric: that is where we are going. what about this. every time boehner an obama get close to a deal, president obama moves the goalpost back. >> kimberly: he is playing hard ball. this...
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Nov 28, 2012
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, it's a fiscal cliff or it's a fiscal bluff, because what we're talking about is restoring the taxes, tax rates that were around before the bush tax cults came along. we're talking about something that will not affect working-class people except for that loss in the payroll tax they vacation. who's going to get blamed for that? chances are the democrats figure the republicans will be blamed. there's the two-step option, which is let's kick the can down the road for another year, so to speak, while negotiations continue on the long-term grand bargain. that's always in the back hip pocket of members of congress as well. so i don't know that they're feeling the same kind of sense of panic that a lot of us outside are feeling. >> i just got handed this, and let me ask you for your instant analysis on this, dana. it comes from the office of the white house press secretary. it says on thursday governor romney will have a private lunch at the white house with president obama in the private dining room, the first opportunity they've had to visit since the election. there will be no press cov
, it's a fiscal cliff or it's a fiscal bluff, because what we're talking about is restoring the taxes, tax rates that were around before the bush tax cults came along. we're talking about something that will not affect working-class people except for that loss in the payroll tax they vacation. who's going to get blamed for that? chances are the democrats figure the republicans will be blamed. there's the two-step option, which is let's kick the can down the road for another year, so to speak,...
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Dec 21, 2012
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if i saw something that actually fixed the problem, and not just the fiscal cliff, this is nothing in the greater scheme of things. this is a pebble in the mountain that we're dealing with our fiscal situation, our debts and our deficits. if we actually get something that fixes it and that's on the table, i'll look at anything. >> and speaker boehner reportedly taking heat about his leadership position. harry reid said plan b wasn't going to pass in the senate. do you trust in his ability to find a compromise? >> speaker boehner is in a difficult position. if you make the assumption that the other side doesn't want to negotiate, it's a difficult position for him to be with. but the broader point, i do not see the speaker's position as being at risk. this was not just the conservative wing of the party. the opposition to plan b last night ranged from some of the most conservative to some of the most moderate members of my party. and the support was the same way. some of the most conservative members of our caucus supported this last night. this was not a leadership issue. this was not
if i saw something that actually fixed the problem, and not just the fiscal cliff, this is nothing in the greater scheme of things. this is a pebble in the mountain that we're dealing with our fiscal situation, our debts and our deficits. if we actually get something that fixes it and that's on the table, i'll look at anything. >> and speaker boehner reportedly taking heat about his leadership position. harry reid said plan b wasn't going to pass in the senate. do you trust in his ability...
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Dec 12, 2012
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. >> yeah, but there's stimulus the white house wants as a result of the fiscal cliff deal. they don't want to see a lapse, for instance, in the payroll tax cut. although they'd be fine with it being replaced by something else. unemployment insurance passed, infrastructure spending, those are incentives for the white house to cut a deal on the fiscal cliff as opposed to just going over it and saying, okay, we'll just take the, you know, sequester cuts and bush tax rates. >> that's right, and they were willing to do that in 2010 and were criticized, of course, by the base of the party because they felt so strongly about the stimulus measures. that shows how firmly the president is going to fight for those in the final package. >> i think there's so many reasons why boehner has to take a deal, though, in addition. if you look at the polls, 2 to 1, the public blames the republicans if there is no deal. and he's, meanwhile, gotten his tea party radicals, he's punished them for not following his line and his leadership. so, you know, look at wall street, they so far the market's
. >> yeah, but there's stimulus the white house wants as a result of the fiscal cliff deal. they don't want to see a lapse, for instance, in the payroll tax cut. although they'd be fine with it being replaced by something else. unemployment insurance passed, infrastructure spending, those are incentives for the white house to cut a deal on the fiscal cliff as opposed to just going over it and saying, okay, we'll just take the, you know, sequester cuts and bush tax rates. >> that's...
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Dec 7, 2012
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but whenever there's job growth, it's something to say thank you for. to be hopeful that we're going to have a better future sglp one of the things that occurs to me as we pivot to discussing the fiscal cliff, in this country the thing we have lacked for 25 years, 30 years, is income growth. the result it seems to me is that we have substituted the growth of debt for the lack of income growth. what would you say we need to do to reduce the debt growth and increase income growth? >> we need wages that grow as fast as inflation or faster than inflation. >> how do you get that? >> well, it is difficult. i think we've got to stop the outsourcing of good paying manufacturing jobs and rebuild those kind of industries. many of them were in urban communities that gave people who may not have had a college education a chance with a good skill to earn a good living. take care of their family. we've seen -- really we've lost so many of those jobs by outsourcing. it was good news this week -- >> when you hear apple saying they're going to build a factory -- >> cong
but whenever there's job growth, it's something to say thank you for. to be hopeful that we're going to have a better future sglp one of the things that occurs to me as we pivot to discussing the fiscal cliff, in this country the thing we have lacked for 25 years, 30 years, is income growth. the result it seems to me is that we have substituted the growth of debt for the lack of income growth. what would you say we need to do to reduce the debt growth and increase income growth? >> we...
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cliff. while that's going on and will keep going on for a while, your united states senate is haggling over something that might be even more important to the health of the republic, at least if in the future we want to, i don't know, solve any problems ever. i'm speaking, of course, of that great scourge the filibuster. that senate only rule that allows any senator in the majority or the minority to force legislation to pass not by the standard 51 votes, but by 60. which for most bills means certain death. rarely do 60 senators agree on anything. and over the last few years, the use and abuse of the filibuster, mainly but not exclusively by republicans, has reached record-breaking senate stopping heights. so what do you do? if you are harry reid, lead other telephone democrats in the senate, you try to reform it. and if you're mitch mcconnell, the republican leader who is using it all the time because it is your main kind of power you try to stop reform of it. now there are a couple of plan
cliff. while that's going on and will keep going on for a while, your united states senate is haggling over something that might be even more important to the health of the republic, at least if in the future we want to, i don't know, solve any problems ever. i'm speaking, of course, of that great scourge the filibuster. that senate only rule that allows any senator in the majority or the minority to force legislation to pass not by the standard 51 votes, but by 60. which for most bills means...
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154
Dec 5, 2012
12/12
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KQED
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the fiscal cliff is a very different story. that's about reducing the deficit too fast. >> ifill: you call it an austerity bomb. describe what you mean by that. >> what's happening is that we are scheduled, unless something is done basically to do to ourselves gratuitously what has been happening to some of the european economies. we're going to have substantial spending cuts, substantial tax increases at a time when the dme is still very weak. of course that's a recipe for sliding back into recession. we set ourselves up with the land mine and the road in front of our economy which is not based on anything real, it's just based on our politicalness. >> ifill: speaking of political mess, both sides have what they say are opening gambits on the table. president obama at least his last week which calls for $1.6 trillion in revenues. the republicans came back with their own yesterday. as you looked at each approach, what do you see in that? >> well, i think it's important. i think the reporting has been a little weak on the republ
the fiscal cliff is a very different story. that's about reducing the deficit too fast. >> ifill: you call it an austerity bomb. describe what you mean by that. >> what's happening is that we are scheduled, unless something is done basically to do to ourselves gratuitously what has been happening to some of the european economies. we're going to have substantial spending cuts, substantial tax increases at a time when the dme is still very weak. of course that's a recipe for sliding...
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Dec 13, 2012
12/12
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FOXNEWSW
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fiscal cliff? can't we call it something else? >> dana: sure. >> eric: monetary -- >> greg: liberal fantasy. >> bob: one more thing on the table. can obama sell cuts in entitlements to his senate? >> dana: not acarding to harry reid. >> eric: leave it there. we'll stay on it. don't go away. more on developing news washington, including ambassador susan rice. we'll get on that when we come back. ♪ ♪ ♪ [ male announcer ] this is karen and jeremiah. they don't know it yet, but they're gonna fall in love, get married, have a couple of kids, children laughing ] move to the country, d live a long, happy life together where they almost never fight about money. [ dog barks ] because right after they get married, they'll find some retirement people who are paid on salary, not commission. they'll get straightforward guidance and be able to focus on other things, like each other, which isn't rocket science. it's just common sense. from td ameritrade. often comes with a set of equally impressive instructions ? shouldn't something that's
fiscal cliff? can't we call it something else? >> dana: sure. >> eric: monetary -- >> greg: liberal fantasy. >> bob: one more thing on the table. can obama sell cuts in entitlements to his senate? >> dana: not acarding to harry reid. >> eric: leave it there. we'll stay on it. don't go away. more on developing news washington, including ambassador susan rice. we'll get on that when we come back. ♪ ♪ ♪ [ male announcer ] this is karen and jeremiah. they...
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119
Nov 7, 2012
11/12
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FOXNEWS
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>>shepard: do they think the fiscal cliff is something they decide to solve or do what they did last time and pretend to solve it and then solve it later? >>guest: both want to. the question is how to go about it. people like mark warner who has been a key player in some of the deficit talks, he has suggested they could get a framework done but we are not sure if they will get something through by the end of the year when the tax cuts expire and we have the looming deficit cuts. so, there is a lot to do in the next few months. the question is, how the president and congress work together. harry reid, today, said that he doesn't want to concede on the raising taxes for those who make the highest incomes and john boehner who is supposed to speak any minute has said the elections last night proved this is not, this is a mandate that voters do not want to raise taxes so we have disconnect there. and we had the president --. >>shepard: boehner said there is a mandate? >>guest: this suggests that voters do thought want to raise taxes. that is what he is saying the election means because th
>>shepard: do they think the fiscal cliff is something they decide to solve or do what they did last time and pretend to solve it and then solve it later? >>guest: both want to. the question is how to go about it. people like mark warner who has been a key player in some of the deficit talks, he has suggested they could get a framework done but we are not sure if they will get something through by the end of the year when the tax cuts expire and we have the looming deficit cuts. so,...
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Dec 22, 2012
12/12
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CNNW
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cliff and republicans don't think the media would accept that narrative. i don't know. you would know better than i would about how the media would react to that. that was a feeling on the republicans part they couldn't successfully pin obama with going over the cliff. >> i never speak for the media. i speak only for myself. i don't know. it is going to really depend, don't you think? matt, you have a column back in december that said john boehner cat herder and i was thinking the cats got the better of the speaker. what do you think that means for his future? does he remain as speaker? does someone else come in and take over because it is an indication he can't control his own group? >> well, it certainly wasn't a vote of confidence. i think, john boehner was right. he gave that press conference today and said, you know, people like me, it is true, i talked to congressman and they like boehner and the problem is they don't respect him enough to listen to him and they don't fear him and it is sad if you think about it. there is a structural problem that i
cliff and republicans don't think the media would accept that narrative. i don't know. you would know better than i would about how the media would react to that. that was a feeling on the republicans part they couldn't successfully pin obama with going over the cliff. >> i never speak for the media. i speak only for myself. i don't know. it is going to really depend, don't you think? matt, you have a column back in december that said john boehner cat herder and i was thinking the cats...